When I initially saw this house, I thought it was right in the heart of Cabbagetown.

So, with an asking price of $675,000, I thought this place was WAY underpriced and had a ton of potential.

Then I saw the location.  This isn't Cabbagetown.  Is it called Garden District or Allen Gardens?  I am not sure.  Whatever it is called, it isn't the best area of Toronto and it has an apartment building looking into the backyard but it is a good sized 3 bedroom and 2 bathroom house on a 17 x 77 foot lot.

But I was still a little surprised at the selling price.

After being on the market for less than 2 weeks, this house just sold...

For $665,000.

There are other options in Toronto for that price so obviously, someone wanted the location.

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